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Economic development has existed even at a basic level since the earliest recorded communities. However, in the US and several other countries, the concept of community economic development emerged "in response to tenacious poverty and the need for affordable housing, good jobs, affordable health care and quality of life matters needed for human existence."
The North East Business Summit is an annual flagship event [1] to promote investment and business opportunities in the North Eastern part of India.The event is jointly organized by the Ministry of Development of North Eastern Region, Government of India and the Indian Chamber of Commerce.
An economic development corporation ("EDC") is an organization common in the United States, usually a 501(c)(3) non-profit, whose mission is to promote economic development within a specific geographical area. These organizations are complementary to Chambers of Commerce. Whereas a Chamber of Commerce promotes the interests of businesses in a ...
Facilitating community and stakeholder participation in local programs and activities Facilitating community access to targeted grants In some jurisdictions in the United States, a CDC is by definition targeted towards direct investment in the community, while a "community development advocacy organization" is a category eligible for ...
In efforts to promote entrepreneurship, innovation and job creation, GO-Biz has partnered with California's higher education system such as the University of California. Events are held on many UC campuses where speakers have the opportunity to speak about topics of their choice as it pertains to business and innovation.
The notion of community business is linked to the notion of community ownership, and more widely co-operative models of ownership.. In his History of Community Asset Ownership, [1] Steve Wyler argues that community ownership represents a strain of English socio-political thoughts and activism that can be traced back to the progressive removal of common land from the Norman Conquest and ...
Much like community gardens and other functional communities, CTCs have been found to promote individual and collective efficacy, community empowerment and community organization; community health and well-being, a sense of belonging and community; racial, ethnic, and class consciousness development; and an alleviation of the digital divide ...
The United Nations defines community development as "a process where community members come together to take collective action and generate solutions to common problems." [1] It is a broad concept, applied to the practices of civic leaders, activists, involved citizens, and professionals to improve various aspects of communities, typically aiming to build stronger and more resilient local ...